Tron (TRX) makes surges in the market despite bear attack; developments galore

Tron

Tron [TRX]’s week has been something of a roller coaster with several updates and developments coming in the wake of a bear market. The current market atmosphere which has destroyed a lot of prices supports held by cryptocurrencies still has not stopped the Justin Sun-led company’s rampage to push Tron into the realm of mainstream adoption.

A recent report released by the Tron Foundation shows that the company has improved the design documentation of transaction priority with the added advantage of the availability of a light node plan. The Tron Foundation has also informed users that the optimization of the data refresh and the development of anonymous transaction on digital wallets are still in progress.

The organization has also gone ahead and stated that:

“It was a great honor for TRON to attend the Web Summit and speak on “How Blockchain Technology Changes Consumer Experience” and “How to Present and Distribute Content in the Next Era of Digital Content World”, bother were warmly received by the audience.”

Tron has also revamped the API reference page of Developers’ Documentation and added transaction signing guide. The report released by the Foundation says that over 12,000 people have visited the page in the past week.

Tron had also made news recently when it was revealed that Tron and EOS contributed 82% of all cryptocurrency transactions. In lights of the report, Tron boasts almost 78.543 million transaction which is the highest number of on-chain transactions that the cryptocurrency’s blockchain had witnessed.

Tron also has 21,211 active addresses on the blockchain, a number far greater than most of the members of the top ten cryptocurrency club. So, evethough, TRX is bleeding red alongside the whole market, Tron is still surging regarding developments. As in case of any other cryptocurrency, you should consider the developments in its ecosystem more important than the short term prices. The price would follow eventually.

Image courtesy of Free-Photos/Pixabay

Akash Anand: I am an engineering graduate with a leaning towards content and hard-hitting journalism. The aim has always been to gather the latest happenings in crypto and present it to the world.